The Tao of Warren Buffett: Warren Buffetts Words of Wisdom: Quotations and Interpretations to Help Guide You to Billionaire Wea
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Description
A collection of the inspiring words and wisdom from Americas favorite businessman that reveal his secrets of success from the bestselling authors of Buffettology and The New Buffettology.Like the sayings of the ancient Chinese philosopher Lao-tzu, Warren Buffetts worldly wisdom is deceptively simple and enormously powerful in application. In The Tao of Warren Buffett, Mary Buffett-author of three books on Warren Buffetts investment methods-joins noted Buffettologist and international lecturer David Clark to bring you Warren Buffetts smartest, funniest, and most memorable sayings with an eye toward revealing the life philosophy and the investment strategies that have made Warren Buffett, and the shareholders of Berkshire Hathaway, so enormously wealthy. Warren Buffetts investment achievements are unparalleled. He owes his success to hard work, integrity, and that most elusive commodity of all, common sense. The quotations in this book exemplify Warrens practical strategies and provide useful illustrations for every investor-large or small-and models everyone can follow. The quotes are culled from a variety of sources, including personal conversations, corporate reports, profiles, and interviews. The authors provide short explanations for each quote and use examples from Buffetts own business transactions whenever possible to illustrate his words at work. As Warren says: You should invest in a business that even a fool can run, because someday a fool will. No matter how great the talent or effort, some things just take time: You cant produce a baby in one month by getting nine women pregnant. Our method is very simple. We just try to buy businesses with good-to-superb underlying economics run by honest and able people and buy them at sensible prices. Thats all Im trying to do. The Tao of Warren Buffett inspires, amuses, sharpens the mind, and offers priceless investment savvy that anyone can take to the bank. This irresistibly browsable and entertaining book is destined to become a classic.
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